The Organised Labour, yesterday, gave the Federal Government, May 31, the deadline to conclude the minimum wage negotiation or face a nationwide industrial action.
This came as President Bola Tinubu, promised that his administration was working on a new minimum and living wage to improve the welfare of workers in the country.
The Organised Labour during the May Day celebration at the Eagle Square, Abuja, also insisted on N615,000 minimum wage, even as it placed an 18-point demand before the government, threatening to shut down the country if the Federal Government failed to accede to their requests by May 31.
President of Nigeria Labour Congress, NLC, Mr Joe Ajaero and his Trade Union Congress, TUC, counterpart, Festus Osifo, lamented the excruciating living conditions of the Nigerian masses and especially of workers in the last year.
According to the labour leaders, though robust engagement with all stakeholders has been on, labour was pressing for a two-year lifespan for the new National Minimum Wage Act, with automatic adjustments triggered by inflation surpassing 7.5 per cent.
“If, however, the negotiation of the National Minimum wage is not concluded by the end of May, the Trade Union Movement in Nigeria will no longer guarantee industrial peace in the country.”
Ajaero and Osifo also lamented the state of insecurity, saying “Our nation is bleeding. In just the past year, over 4,800 lives have been lost to violence, with over 400 kidnappings reported in a mere two weeks earlier this year. We’re ranked among the top 10 most terrorised nations globally, and it’s unacceptable.